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You're Doing It All Wrong

The price-tracking trick retailers don't want you to know about

If you're only price-tracking before you buy, you're doing it all wrong. Sharon Profis explains.

1:09 / 22 November 2015

Transcript

If you're not tracking prices after you buy big ticket items, you're doing it all wrong.
When we think of price tracking, we usually think of the pre-purchase phase where you're waiting for price to drop or for a coupon to appear.
But what's equally important is price tracking after you buy a product.
Here's why.
Many retailers will match price drops in the return period.
Check out Best Buy's policy.
If we lower our price during the return and exchange period, we will match our lower price upon request.
And since many retailers like Best Buy and Target price match other stores like Amazon, You may even be able to get money back when other retailers drop their prices.
The best way to track these prices is to use websites that automatically do the tracking for you.
For instance, CamelCamelCamel tracks Amazon prices and Price Zombie is a browser extension that tracks prices from around the web.
There are some exceptions, though.
Some retailers have blackout dates, especially the few days around Thanksgiving.
So, read the fine print before you demand a price adjustment.
And now you're doing it right.

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